Senior Accountant
6 months ago
Manage, among other things, cash flow, transfers, payments, investments, and cash projections
- Oversee all aspects of the company’s treasury management.
- Propose for banking and financing services to be elicited and evaluated.
- Give the current cash position, a projection, and an analysis.
- Keep estimate of the cash amounts accurate.
- Monitor and handle all cash balances effectively.
- Present accounting reports and monthly cash to another accounting team.
- Control business cards, ACH withdrawals, merchant credit cards, POS.
- Make sure to look into outsourcing and electronic payments.
- Manage company guarantees, letters of credit, and foreign credit lines.
- Help Tax plus law firms on banking and transactional matters related to the establishment or restructuring of international entities.
- Maintain each international bank account under your supervision and update the signatures.
- Serve as the bank software tools’ security administrator.
- Develop, oversee, and improve the budget for the Treasury Department.
- Create a weekly projection of both cash receipts and outgoings for your daily cash position report.
- Assist in managing short-term investment balances and recording interest.
- Examine financial markets to spot inflation, interest rate, and other patterns that may have an impact on the business’s profits or capital needs
- Make suggestions for modifications to the company’s treasury procedures, such as interest rate risk management or cash flow forecasting
- Maintain communication with banks and other financial organizations to make sure the company has enough cash on hand for emergencies.
- Prepare legal reports on the organization’s cash flows and liquidity conditions for senior management or regulators.
- Create and preserve connections with banks and other financial organizations to negotiate advantageous interest rates while issuing loans.
- Establish and maintain connections with outside financial experts to receive guidance on market trends or liquidity positions, such as investment banks.
- Assess investment possibilities to identify how they might affect the organization’s cash position.
- Reduce the company’s exposure to foreign exchange risk by hedging against currency volatility.
- Prepare financial reports, such as cash flow predictions, balance sheets, and income statements, to assess the effectiveness of the organization’s treasury function.
- Stabilize between integration and the liquidity providers.
- Develop and put into effect policies and practices for treasury operations.
- Carry out routine group financial management and forecasting tasks
- Manages the day-to-day liquidity, including making sure there is enough liquidity across all group entities
**Requirements**:
- Bachelor degree in Business Administration/Accounting
- Minimum of 3 - 5 years of experience.
- ERP experience preferred Dynamics365
- Professional proficiency in both English and Arabic
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